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HomeMy WebLinkAboutContract 28580, , / f:- �I�'Y �f�C�E�ARY �'� FORT WORYH INYERNAiIONAI. C�NT�R CON�RAC� �, OF�ICE L�ASE CON7RACT THlS LEASE CONTRACT {"Lease"), entered into by and between Tl�e City of �art Worth {"Landlard"), a municipal corporation acting by and #hrough i#s duly authorized assistant City Manger and Fort Worth Sister Cities International {"Tenant"}. The term "Landlard" shall include the agents, representati�es, and employees of �essor. The term "Tenant" shall inciude the agents, representatives and employees of Less�e. P�tEHN15�S 1. l.andlflrd hereby leases to Tenant and Tenant hereby ieases from Land[ord approximate�y 1774 sqt�are feek designated as Suike A-B-C-C7-E-�-G ir� the buifding known as the BAKER BUILDING ("Building") lacated at 110 West Seventh Street, �art Worth, Texas. The are� hereby leased in the Building is hereinafter called "Leased Premises" and is shown ouflined and hatched on the floor plan drawing designaied Exhibit "A" attached hareto and inc�rporated by reference. i�RAN 11i1A�T�R �EAS� FOR O�F10E S�RC� US� OF PR�1�1115�S 2. Subject to Tenant's specific option fo terminate fhis leas� as stat�d in Paragraph 16, the term of this Lease {"Term") shall be a periad of ele�en (11) months, comm�ncing May 1, 2003 and terminating March 31, 2004. 3. Tenant underskands t�at Landlard is subleasing the Leased Prernises to Tenant and that Landlord is leasing the Leased premises from �. W. Baker Building, L, P. ("Baker") under a Masfer Lease ("Masker Lease"}. CItIES 4. A. Lessee shall use the Leased Premises to engage in: ta) caunseling in Int�rnakional 7rade, "couns�ling" includes rnarketing, or locating autlets to sell for�ign goods or sarvices; or (b) devefoping international markets; or (c} developing relationships between Fort Worth and other intemational B. Failure to use the Leased Premises as �tafed above, as determined by the sole discretian of Landlord, shall result in termination of this Lease as provided in section 16. C. Lessee may not use the Leased i�remises for any activiky of a hazardous or high-risk nature ihat would endanger property or human safety, Lessee will take measures to guard against any condifion at the Leased Premises of a hazardous or high-fisk nature that would endanger property ar human safety. .� ������ C:1Documents and Settingsltha�n�sc.C�`WlDesktop12003 SUB�.EA5ESIFWSCI I.�AS�, APRIL; 2u��:�-.�nu � f �����' � i �! �W �++, � ��p �u R�Ni 5. As base rental for the lease and use of the Leased Premises ("Base Rent"), Tenant will pay l,andlord or Landlord's assigns, at 711 Haustan Street, Fart Worth, Texas, withouk demand and wifhaut deduction, abatement or setoff (except as otherwise expressly provided for E�erein), the sum of Sixteen Dollars f$16.00) per square foot per year peyable monfhly of $2,365A0 on the first day of each calendar manth, for each and every month in the Term. 1f the i'erm does not commence on the first day of a caiendar month, Tenant will pay in advance a pro rata part of such sum as Base Rent for such first �artial mon#h. R���°►!R A�' p f�AIN�'�N�4NC� F1R� OR OTH�Ft CASUA�TY 6. Tenant shall keep the Leased Premises including al[ fixt�res instalied by Tenant in good and #enantable condition. In additian, Tenant s�all pay the cost of repair and replacemenk due to damage or injury done to the Building (other than the Leased Premises) ar any part thereof by Tenant or Tenant's agents, employees, contracfors, licensees or invitees. Such amount shall be paid by Tenant to Landlnrd upon demand, �lus interest thereo�, as provided in this Lease, from demand unfil paymenk. lJpon termination of this Lease, 7enant will surrender and deliver up fhe Leased Premises to Landlord in the sar�e condition in which they existed at the cammencement of the Lease, excepting only ardinary wear and tear and damage arising fram any cause required hereunder to be repaired ak Landlord's expense. 7. A. 1f at any time during the ierm, the Leased Premises or any portion of the Building or Common Area (as hereinafter defined) shall be damaged or destroyed by fire or other casualty, Tenant understands that under khe Master Lease, Baker has khe election fo terminate #he Master Lease within 120 days frorr� the occurrence of such casualty or to repair and reconstruct the Building to substantially the sama condition in which they �xisted immediately prior to such damage or deskruction, and thaf Baker is not required to repair or reconstruct any personal property, furniture, trade fixtures or office equipment which is locatsd in tha Leased Premises and remo�able by Tenant under the provisions of #his Lease. If Baker terminates the Master Lease because of fire or afher casualty, tf�is Lease shafl automatically terminate. B. In any of the aforesaid circumstances, Rent shall abate propor#ionally during the periad and to the extent that the Leased Premises are unfik for Use by Tenant in #he �rdinary conduct of its business. If Baker has �lected to repair and restore the Leased Premises to the extent stated above, Lessee may terminate this lease or continue the �ease, In the event that this Lease is tarminated as herein permitted, Landlord shall refund to Tenant any prepaid Rent (unaccrued as af the date of damage or des#ruction) pravided Tenant is in compliance with this lease hereunder less any sum awing Landlard by Tenant. If l�andiord has elected to repair and reconstruct the Leased Premises to the extent stated above, then the Term shall be exten�ed by a period of time equal to the period of such repair and reconstruction. , f, n � C:IDocuments and Settingslthompsc.CFWlDesktop12003 SLTBLEASESI�'WSCI L�ASE, APRI ,���qt 5'� ��l Z LS IIW �: �f ,� � o u 1::. ,r ►.. ��� �'����i�. ���_ C. Notwithstanding the provisions of Su�paragraphs A. and B. of this Paragraph 7, if the Leased Premises or any other po�tion of tF�e Building is damaged by fire oT other easualty resulting firom fhe fault or negligence ofi Tenank or any af Tenant's agenfs, employees, contractors, licensees or in�itees, the Rent hereunder shall not be dirr�inished during the repair ofi such damage and Tenant shall be liable to Landlord for the cost and expense of the repair and restoration of the Leased Premises or the Building caused thereby to the extent such cost and expense is not covered b�+ insurance proceeds. COM�'LIANCE Wlib l..AWS AND USAG� 8. Tenant, at its awn expense, will prompfly comply with all federal, state, municipal and other laws, ardinances, ruEes and regulations applicable to the L�ased Premises and the business canducted therein by 7'enanfi. IN�EI�i1NITY 9. T�NA�VT AGREES TO iNDEMNIFY, DEF�N� AN� SAV� NARML.�SS LAN�LDRD AND ITS EMPLOY�ES (C�Ll.�CTIVELY "INDEMNET�ES"} �ROM AND AGAINST ANY AND ALL LIABILITIES, �AMAGES, CLAIMS, 5U1TS, COSTS (INCLUDING COURT COSTS, ATTORNEYS' F��S, AND COSTS OF INVESTIGATION) O� ANY NATURE, KIND OR p�SCRIPTI�N OF ANY PERSON OR ENTITY, DIRECTLY OR INDIRECTI.Y ARI5ING �U7 O�, CAUS�D BY; OR RESLfLTING FROM {IN WHO�� OR IN PART): (i) TH� U5� AND OCCUPATION OF THE LEASED PREMlSES, (ii) ANY ACT OR �CCURR�NCE ON THE LEASED PREMISES, OR ANY PART THEREQF, (iii) THIS L�AS� OR THE PERFORMANCE 8Y TEf�ANT OF ITS OBLIGAT'IONS HEREUIVD�R �R (iv) ANY ACT �R DMISS[O!V ON TH� PART OF TENANT OR ANY INVIT��, L.ICENS�E, EMPLOYEE, �IR�CTOR, OFFICER, SERVANT, CONTRACTOR, SUBCOf�TRACTOR OR TEI�AIVT OF TENANT OCCURRING ON, 1N, OR ABOUT TH� L.�ASED PREMISES OR TH� BUILDING (TH� ABOVE HEREINAFTER C�LI.ECTIV�LY REFERR�D TO AS "CL4fM5"}, EXC�PT T� THE EXTENT THAT SUCH CLAIMS ARISE FROM �R ARE ATTRIBUTED TO THE CONGURRENT NEGLIGENCE, SOLE NEGLIGENCE ANDIOR STRICT LIAB]L[TY OF ANY OF THE IND�MNITEES. IF ANY AC710N OR PROC�EDING SHALL BE BROUGHT BY OR AGAfNST ANY IND�MNIT�E IN CONNECTION WIT�i ANY SIJCM LIABILITY OR CLAIMS, T�NANT, ON NDTICE F'ROM LANDLORD, SHALL DEFEND SUCH ACTIDN �R PR�CEEDING, AT T�NANT'S EXPENSE, BY OR THROUGH ATTORNEYB REASONABLY SATISFACTORY TO LAIVDLORD. THE PROVISfONS OF THIS PARAGRAPH SHALL APPLY T� ALL aCTIVITIE5 OF TENANT WITM R�SPECT TO THE LEASED PREMIS�S OR BUILDING, WHETHER OCCURRING BEFORE OR AFTER THE COMMENC�M�NT DATE OF THE TERM A�ID BEFORE OR AFTER TME EXPIRATION OR T�RMINATION �F THIS LEASE. TENANT'S OBL�GATIONS UNDER THIS PARAGRAPN SMALL NOT B� LIMITED T� THE L1M1T5 OR COVFRAGE OF INSURANCE MAWTAINED QR R�QUIRED TO BE MAINTAINED BY TEIVANT UN�ER TMIS LEASE. " ��::.s C:1Docutnents and 5ettingslthompse.CFWlDeslctop12pp3 SUBi,�ASESIFWSCI LEASE, Al'RIL, �G�.uu4 �i�l,,E} ��' � � .. � ���r^l�� � '� �'��p�. ���, WAIV�R OF' LIA�ILITY V9lAIV�� OF SU�ROCAYION AD�IYIONS AN� FIXTUR�S 10. iV0 I�[DEMNITEE SHALL BE I�EABL� IN ANY MANNER TO TENANT OR ANY OTHER PARTY FOR AI�Y INJURY TO OR D�A7H OF PERSOf�S OR FOR ANY LOSS OF OR DAMAGE TO PROPER7Y OF' TENANT, ITS EMPLOYEES, AG�I�TS, CUSTOMERS, INVITEES, OR 70 OTHERS, REGARDLESS DF WW�iFf�R SUCH PROPERTY IS ENTRUST�D 7� EMPLOY�ES OF THE B111l.pING. OR SUCH LOSS OR DAMAGE IS OCCASI�N�D BY GASUALTY, TH�FT, OR ANY OTHER CAUSE OF WHATSOEVER NATUR�. �CC�PT TO THE EXTENT �MAT SUCH INJURY, LOSS OR DAMAGE iS CAUSED IN WHOI.E OR IN PART BY THE NEGLIGENC� OF ANY INDEMMTEES, IN NO EVENT SHALI. ANY fN�EMNITEE BE LIAB�.� IN AlVY MANN�R TO TENANT OR ANY OTHER PARTY AS THE RESULT OF TH� ACTS OR OMISSIONS OF TENAiVT, ITS AGENTS, EMPLOY�ES, CONTRACTORS OR ANY OTHER TEf�ANT OF THE BUILQING. ALL PERSONAL PROP�RTY UP�N THE LEAS�D PREMiS�S SHALL BE AT TH� RISK OF TENANT ON�Y AND NQ INDEMM7��S SHALL BE LIABLE FOR ANY DAMAGE THERETO OR THEFT TH�R�OF, �XC�PT TO THE EXTENT THAT SIJCH DAMAGE OR THEFT IS CAUSEp IN WHOLE OR IN PART BY THE NEGLIGENCE OF ANY INDEMNIT�E. 1�. TO THE EXTENT TENANT CHOOSES TO INSURE THiS PROPERTY, T�NANT SHALL R�QUIRE ITS INSURANCE CARRI�R TO �NDORSE ALL A�PLICABLE POLICIES WAIVING TH� CARRIER'S RIGHi OF UND�R SUBROGATION OR OTHERWISE IN FAVOR OF ANY I�fD�MNiT�� AND PROVfD� A CERTiFICATE OF 1NSURANCE VERIFYING THIS WAIV�R. � 2, A. Tenant w911 make no alteration, change, impro�ement, repair, replacement or addition to the Leased Premises without the prior written consent of Landlord. If Landlard grants such prior written cansent, the work in such connection shall be at Tenant's expense but by workmen of Landlord or workmen and contractors approved in advance in writing by Landlord and in a manner and upon terms an� conditions and at times satisfactory to end appraved in advance in writing by Landlord. B. Tenant may remove its trade fiixtures, office supplies and movable office furniture and equipment not at#eched to the Building provided: (�) s�ch remo�al is made prior to ihe terminatinn of the Term; (2) Tenant is not in default of any obkigation or covenant under khis Lease a� the fime ofi such removal; and (3} Tenant prampkly repairs all damage caused by such removal, All other property at the Leased Premises and any alteration or addition to the Leased Prernises (including wall-ta-wall carpeting, panefing or other wall eovering) and any oth�r article attached or affixed to the floor, wall or ceiling of the Leased Premises (a�y of wrhich as stated above shall require La�dlord's prior written eansent) shall become the praperky of Landlord and shall remain upon and be surrendered with the Leased Premises as part thereof at the termination of this Lease, Tenant her�by waiving all rights ta any payment or compensation therefor. If, however, Landlord so requests in writing, Tenant will, prior to termination af this Lease, remove any and al] alterations, additions, fixkures, equipment and property placed or installed by it or at its requ�st in the Leased Premises and will repair any damage caused by such removai. C:1Doc�ments and Set�ingslthompsc.CFWlDesktop12003 SUBLEA5E51FW5C1 LEASB, APRIL, �,(1'�� 4 �` . I' �i��'U' 1� '��R�11��T Ass�cw��N� AND SL�BL�iTING CER�AIN COV�NAMYS OF T'�fVAN� 13. Neither Tenant n4r Tenant's legal repres�ntatives or successors in interest by operation of law or otherwise shail assign this Lease ar sublease the Leased Premises or any part thereof or mortgage, pledge, or hypothecate its leasehold interest or grant any cancession or license withir� the Leased Premises and any attempt by Tenant to do so shall be an Event of Default (as her�inafter defined) hereunder and such attempted act shafi be void and of no effect. 14. A. The Tenant shall not exhibit, seli or offer for sale on the Leased Premises ar in the Building any a�ticle or thing (except those articles and things essential�y connected with the stated use of the Leased Premises by the Tenan#) wikhout the advance consent of Landlord. B. The Ter�ant shall not disp�ay, inscribe, print, paint, maintain or affix on any place in ar abaut th� Building a�ny sign, notice, legend, direction, fgure or advertisement without the prior wrikten consent from Landlord. C. !Vo additional locl�s or similar devices shall be attached to any door or window without Landlord's prior writt�n consent. No keys for any door other than those provided by the Landlord shall be made. lf more than two keys far one lock are desired, the Landlord will provide the same upon payment by the Tenant. All keys must be returned fo the Landlard at the expira#ion o� termination of this Lease. D. All persons entering or leaving the Building after hoUrs on Monday through Friday, or at any kime on Saturdays, 5undays ar halidays, may be required to do so under such regulatians as the Landlord may impose. The Landlard may exclude or �xpel any peddler. E, The sidewalks, halls, passages, exits, entrances, elevatars and stairways shall not �e Qbstructe� by the Tenant or used for any purpose other than for ingress #o or egress from its Leased Premises. F. Tenant shall nqt use, keep or �ermit fo be used or kept any foul or noxious gas or substance in khe Leased Premises, or permit or suffer the Leased Prernises to be accupied ar used in a manner offensive or abjectionable to the Landlord or other occupants of the Building by reason of noise, odors andlor �ibrat3ons, or interfere in ar�y way with other tenants or those having business there, nar shall any animals or birds be brought in or kept in or about the Leased Premises ar khe Building. ACC�SS �Y LRNALOR� 15. Landlord, its agents and empiayees shall have access to and the right to ent�r upan the Leased Premises ak any reasanable time to examine khe condition iher�of, to make any repairs or afterations required to be made by Landlord hereunder, to si�aw the Leased Premises to prospective purchas�rs, mortgagees vr tena�ts and for any other purpase deemed reasonable by Landlord. C:1Dacuments and Set�ingsld�ompsc.CFWlDesktop120Q3 SUBLEASESIFWSCI LEASE, APRIL; 2t'?�JB_dtic �ii��il���1 S � ��� �a� r, :�� �� -� ���, �''�u��� DE�AU�T AND R�14���I�S 16, A. �ach of the foflowing acts or omissions of Tenant or accurrences shall canstitute an "Event of Default:° (1) Failure or refusal by Tenarit to timely pay Rent or other payments hereunder. (2) Failure to perform ar observe any other cavenant ar condition of this Lease by Tenant to be performed or observed priar ta the expiration of a period of ten (10) days following writ�en notice to Tenant of such failure. (3) Abandonrnent or vacating of the Leased Premises or any significant partiQn thereof for a period in excess of ninety (90) days. (4) 7he filing or execution or occurrence of: A pefitian in bankruptcy o� ather insolvency proceeding by ar againsk Tenant; or petitian or answer seeking relief under any pravision of the Bankruptcy Act; or�a� assignme�t for the benefit of creditors ar camposition; or a petition or other praceeding by or against tF�e Tenant for the appointment of a trustee, receiver or liquidator of Tenani ar any of Tenant's prop�rty; or a proceeding by any governmental authority for the dissolutian or liquidation of Tenant. B. This Lease and the Term and estate hereby granted and the demise hereby made are su�ject to the limitation that if and whenever any Eve�t of Default shall occur, Landlord may, at its option, in addition to all other rights and remedies given hereunder or by law or equity, do any one or mor� of the following: (1] Terminate �his L.ease, in which event `�enant shall immediately surrender possessifln of the Leased Prernises to Landlord. (2} Enter upan and take possessian of the Leased Premises and expel or remove Tenant and any other occupant therefrom, with or without having terrninated khe Lease. (3) Alter locks and other security devices at the Leased Premis�s. C. Na such altera�ion of security devices and no removal ar other �x�rcise of dorninion by Landlord over the property of Tenant or others at the Leased Premises s�all be deemed unautY�orized or cansfitute a conversion, Tenant hereby consenting, after any Event of Default, to the aforesaid exercise of dflminion over Tenant's prop�rty within the Building. All claims for darr}ages by reasan af such re-entry andlor r�possession andlor alteration of locks or ather security deviees are hereby waived, as are all claims for damages by reason of any distress warrant, forcible detainer proceedings, sequ�stration proceedings or pther legal process, Tenanf agrees that any re-entry by Landlord may be pursuant to judgmenk obteined in farcible dekainer proceedings or other legaf proceedings or without the necessity for any legal proceedings, as Landlord may elect, and Landlord shall not be liable in trespass or otherwise. C:IDocuments and Settingslthompsc.CF�V1Desktap12003 SUBLEASESIFWSCI LEASE, APRIL�2,��5�i�;; �� ���U��! � 1_ V ��� l� �������� , �'. ��}��� ���, ���3, D. In the event Landlord elects to terminate the Lease by reason of an �vent of Default, then, notwithstanding such termination, Tenant shall be liable for and shall pay ka L.andlord at �ort Worth, Tarrant County, Texas, the sum af all Rent and other indeb#edness accrued to the date of such termination. �. I� the event of any defau�t by Landlard, Tenant's exclusive remedy shall be to terminate this l.ease (Tenant hereby waiv�ng the benefit of any laws granting the right to terminate this L,ease, to a lien upor� the property of Landlord andlar upon Rent due Landlord}, but prior to any such action Tenant will give Landlord written notice specifying such default with particularity and Landlord shal! fhereupon ha�e thirty (30} days (plus such additional reasonable period as may be required in the sxercise by Landlord af due diligence) in which to cure any such default. Unless and until Landlvrd fails to sa eure any default affer such natice, Tenant shall nat have any remedy ar cause of action by reason thereof. All abligations of L.andlord hereunder will be construed as covenants, not conditions, and all such obligations uvill b� bindin� upor� Landlord oniy during the period of its ownership af the Building and not thereafter. Landlord shall have no corporate liability for �he performance of any obligations hereunder, recourse by any party for default against Landlord being limited to Landlord's interest in the Building. The term "Landlord" shall mean only the owner af the Building at the date o� cammencement of the Term, and in the event of the transfer by such owner of its interest in the Building, such owner shall thereupon be released and discharged from all covenants and ob[igakions of the Landlord thereaffer accruing, but such covenants and obligatians shall be binding during the Term upon each new owner for th� duration of such awner's ownership. NONWA[VER • 17. Neither acceptance of F2ent by E.andlord nor #ailu�e by Landlord ta complain any action, nonaction or defau[t of Tenant shall canstitute a waiver of any of Landlard's rights hereunder. Waiver by Landlord of any right f�r any default of Tenant shall nat constitute a waiver of any right for either a subsequenf default of the same obligation or any other default. NOiIC� 18, Any notice or request which may or shalf be given under the terms af this Lease shall be in writing and shall be either delivered by hand to tF�e Building rnanagernent affice (for Landlord) or the Leased Prernises (for Tenant) or sent �y United States Registered or Certified Mail, postage prepaid, addressed to the parties hereto at the respective addresses sek out opposite their names below. 5uch addresses may be changed from time to time by either party giving natice as provided above. �Iotice shall be deemed given when deli�ered (if deliv�red by �and) or when postmarked (if sent by mail), Tenant: � , r. — � • .�_ , Landlord: The Citv af Fort Worth Attn: C�r��. C:1Documents and Settingslthompsc.CFWIDesktop12003 SUBLEA5ESIFWSCI LEAS�, APRIL,�2G��,��q 7 �P • Y �'/ _ �VI� u�r{�;; �I����r iJ r � 9 , MISC�l�- LAN�OUS l[VVAl�IQ1TY o� PARiICULA�t PROVISIONS SU�STITl17'E PREAfl15�S 19. A. In all instances where T�nant is required hereunder ta pay any sum or do any act a# a particular indicated time ar within an indicated period, it is understood that time is of the essence. B. Under no circumstances whatsoever shall Landlord ever be liable hereund�r far c4nsequential damages ar sp�cial dameges. C. All manetary obligations of Landlord and Tenant {fncluding, without limitatian, a�y monetary abligatian of Landlord or Tenant for damages for any breach of the respective covenants, duties ar obligakions of �.andlord or Te�ant hereunder} are payable exclusiveEy in �ori Worth, iarrant Caunty, 7exas. D. In the event of variation or diserepancy between copies of this Lease, Landlord's ariginal copy shall control. E. If, because of any act or amissian of Tenant, its emplayees, agenfs, cantractors, or subcontrackors, any mechanic's lien or other lien, cha�ge or order for the payment of manay si�all be filed against Landlard or against all or any partion of the Leased Premises or the Building, Tenant shall, at its own cost and expense, cause the same to be discharged af record within thirty (30} days after th� filing thereof, and T�nant shall fndemnify and save harmless l.andlord against and from al] costs, liabilities, suits, penalties, claims and demands, including reasanable aitorneys' fees, resulting therefrom. 20. If any clause or pravision of �his Lease is or becomes ill�gal, invalid or unenforceable because of present or future laws or any ru[e or regulation of any gavernmental bo�y or en#ity, effecfive during the Term, the inten#ian of th� parties hereto is that the remaining parts of this Lease shall not be affected khereby u�fess such invalidity is, in fhe sole determination af the Landlord, essential to the rights of both parties, in which event Landlord has fhe r�ght, but not the obligation, to terminate tnis Lease on written r�otice ta Tenant. 2�. Landlord shall have the right at any time during �he Term, upon giving Tenant not less than sixty (60) days prior written notice, to provide and furnish Tenant with space elsewhere in the Building of approximately the same size as the Leased Premises and remove and place Tenant in such space, with Landlord to pay a{I reasonable costs and expenses incurr�d as a resukt of such removal af Tenant. Should Tenant refuse to permit Landlord to move Tenant to such new space at the end of such sixiy (6Q) day period, Landlord sha11 have the right to cancel and terminate #his Lease effective ninety (90) days from the date of original notification by Landlord. If Landlord maves Tenar�t to such new space, this Lease and �ach and all of iks terms, covenants and canditions shall remain in full force and effect and be deerned applicable to such new space and such new space shall thereafter be deemed to be the Leased Premises as #hough Landlord and Tenant had entered into an express written amendmenk ta this Lease with respect fhereto. C:1Documents and SettingslthoinpsaC�'W1Deslctop12003 SUBLEA3ESIFWSCi LEASE, APR1L 2��8,�,�r , -��� 8 ' � �'f ���1� c?�'i �r,.,.� q � '�''`�J�: � � �NTIR� ACRGEf1R�NT AND �INDING EFFECT 22. This Lease, addenda or exhibits sigtted by the parties constitute the entire agreement beiween Landford and Tenant. I�o prior written or prior or cantemporaneous oral pramises or representations shall be bindin�. This Lease shall not be arr�end�d changed or extet�ded except by written instrument signed by both parties hereto. Paragraph captions are for canvenience only and neither limit nor amplify the provisio�s of this Lease. The provisions af this Lease shal] be binding upon and inure to the benefit of the heirs, executors, administrafars, successors and assigns af the parties, but this pravision shalf in no way alker the rest�iction herein in connection with assignment and sublefting by Tenant. C:1Docurnents and Settingslthompsc.CFWlDesktop12003 SUBI,EASESIFW5G1 LEASE, APRIL, _; ��: � g ;ya:�� _� ��L��aN1a;�l� � ����� ��c;����� , ��, ���������, ���� EXECUTED in multiple coUnterparts, each af which shall have the force and effect of an original, on this the day of . 2003. LANDLORD CITY O� FORT WORTH T�NAWT , � , � 1, - _ ' sy: BY: � '# - � - �- AiT�S��� �Y � r �� � : 1 . _. x ! i ( � � �r. . � City�Secretary �_ � ,�-i���� Contract AuthorEzatian �ate: � �� 9�� � � v APPROV A 0 FORM AND L�GALI7Y Assistant City Attorney ,-- —� Name: �`�l�a � � • � � � Title: c� X� C.t.�'h�� _� f�"s� C:1Docurnents and 5ettingslthampsc.CFWIDesktop12003 i�UBLEASESIFWSCI LEASE, APRIj,, �U�7�,,�qc � �U�� � 1 � ���� v . s r, ��. `�`����I�, ���, EXKIBIY "A" Property �escription Lots 1, 2, 3 and 4, Blaek 108, Original Town of Fort Worth, an Addition to the City af Worth, Tarrant County, Texas C:IDocum�nts and Settingsltliam�sc.CFWlDesktap12003 SUBLEASE5IFWSCI LEASE, APRIL, 2003.doc 11 �'ity o� �'o�t �'o�th, Texas �y�� ��� ��un��l ��,��t�n���t;�� DATE REFERENCE NUMBER LOG NAME PAG� 2129/Q0 **Lo� 27�7 � 02BAKER � , 1 of 2 SUBJECT qUTH�RIZATION TO AMEND THE LEASE BETW�EN THE C�TY OF F�RT WORTH AND FORT WaRTH BAKER BUf�DING, L.P. FOR THE FORT WORTH _ 1NTERNATIONAL CENTER RECOMMENDATION: It is recommended that the City �ouncil authorize the City Manager to execute a sec�nd amendment ta thP lease between t�e City af Fort Worth and Fort Worth Bafcer Building, �.P., dated March 28, �9J7 �M&C L-11942), leasing space in the Baker buiiding for ihe Fort Wor#h International Center. The �mendment renews the lease fo� an additianal five years, commencing A�ril 1, 2000 at an annual rate of $�40,335.a0 far three years and an annual rate af $161,925.Q� for the last twa years. alSCUSSlON; The Fort Worth International Center occupies 10,795 square feet afi ofFice space on the graund floor of the Baker Building, located at 110 Wesi 7th Street. � A f�e-year iease amendment has been negotia#e� at the rate o� $9 3.00 per square foot for the first three �rears and $15.Q0 p�r square foot %r the last two years. Of the $14Q,335.Q0 annual rate for the first� three years, co-locators at the lnternational Cent�r will cantribute $26,936.00, and of the $9 61,925.00 for the last two years, co-[ocatars will contrEbute $31,a80,Q�. The base rent wilf be subject� to annual adjustments for increases in operating expens�s af 'the building o��r and abo�e those esta�lished during the 9 S99 base year, and Center tenants wil[ pay proportionate shares accordingly. >Working togethe.r wifh .international commUnity groups, the City of Fart Warth crea#ed the �ort wflrtn [r�ternatianal Center in 1997 to support international actiuities and provide setvices to Fort Worth citizens interesf�d in international business, cultural exchange, educati�n ar�d service activities. Camprised of ten different interna#i�na! organizations, t�e Fort Worth ]nternationai C�nfer enhances t�e City's international image, increases interr�ational relations ar�d trade, and creates greater oppor�uni#ies and jabs far the cEtizens of Fori Warih. The Center is a pubEiclprivate partnership funded by the City of Fort Worth and the organizations with offices in the Center. Since mid-1997, organizations in the I�niernatio�al Center have had a measurable economic impact of $13.1 mi[lian; prouided 2,183 counselir�g sessions; and hosted over 2,104 internationaN visitors and 13,500 domestic �isitars. Ca-locators at the Fart Worth International Cent�r: � American-Thai Education Foundations and Yonok Colfege Fort Worth Hispanic Chamber of Commerce � Fort Worth Sister Cities International City of Fort Worth Office of lnterna#ionaf Affairs �,�t_y af Fort Wor#� Stra#egy 2QOQ Tarrant County Asiar� American Chamber of Commerce Tarrani County CoUege's Internatiana! Sma�l Business Devefopmenf Cenfier U.S. Department of Commerce Fort Worth Expart Assistance Center U.S.-Arger�tina Chamber of Gommerce World Affairs Council of Greater Fo�t Worth �i�y o�.,Fo�t Worth, T'exa,s � ��r ��� �ur���� ����t�n�����+�� � � � DATE REFERENCE NIJMBER I LOG NAME I PAGE 2129100 **�-� ��'3� 02BAKER I 2 of 2 SiJBJECT AUTHORIZATION T� AMEND THE LEASE BETWEEN THE CITY O�' F4RT WORTH AND �ORT WORTH BAKER BUiLD1NG, L.P. F4R THE FORT WORTH 1NTFRNATfOYVAL �E�TER __ _ F15CAL l�IF�RMATIONICERTlFICATiON,: �fhe �inance Direc�or certifies that funds �re available in the currer�t aperating budget, as appropriated, o�f the General Fund. ' MG:j Sabmitted €or City 11"Ianager's Oftice by: Ramon Guajardo Originating Department Head: Ricarda Roberta FUNII I ACCOUIVT I CENTER � AMOUNT I CTT'Y SECRE'TAAY ��} . 6140 212-26b1 � {from) I GG09 s37�10 OQ280'i0 $70,'167.5D A�'P'ROVED Z/291f1Q Additional information Contact: j � 7acqueline Bender 212-266� �